Wednesday 2 December 2020

Bitcoin: Straight up? Double top? Or several micro-bubbles?

We take a big step back from immediate Bitcoin price movements and talk about a few different ways this market cycle could play out. Do you think this market cycle of Bitcoin and the rest of the cryptocurrency asset class will be remembered as going straight up (like 3 cycles ago), a double top (like 2 cycles ago), or small micro-bubbles (like last cycle). Or do you think it will be something entirely different? In this video we take a look at a few different scenarios and how we can use the total cryptocurrency market capitalization risk metric to guide us. TA Video by Benjamin Cowen.